All of the Following Factors Contributed to Explosive Economic Growth

question 39

Multiple Choice

All of the following factors contributed to explosive economic growth during the Gilded Age EXCEPT:

• A) availability of capital for investment.
• B) a growing supply of labor.
• C) abundant natural resources.
• D) low tariffs.
• E) federal land grants to railroads.

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Definitions:

Extended Problem-Solving

A consumer behavior process involving careful and deliberate effort in researching and comparing different products before making a purchase.

Limited Problem-Solving

A consumer decision-making process used for purchases that require a moderate level of deliberation and effort.

Personal Computer

A computer designed for use by an individual, typically consisting of a microprocessor, monitor, keyboard, and storage.

Elaboration Likelihood Model

A theory in social psychology that explains how attitudes are formed and changed through different routes of information processing based on the level of elaboration.